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TFC Commodity Trading Forum

Re: soybean

Is there anything wrong with shorting beans at limit up today? Ie is there a case for NO follow-through tomorrow, as I notice they only brushed limit up today - so far.

Or put it another way, with beans currently at 1420 (limit up less 7 points) would you jump at the chance to take over someone else's short position @ 1427 (assuming you cannot take the $350 profit straight away - (terms and conditions apply!)

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Re: soybean